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Eurusdidea

Long Position on EURUSD-4HHello Traders ! This is the EURUSD Technical Viewpoint in The Short Term . Following the recent sell-off that we previously discussed in the EU, which was aimed at the historical monthly support at the 0.9600 Area, we have just switched from a bearish to a bullish short-term structure that will move upward to the resistance zone between 0.9900 and 0.9800. Risk Warning : Trading Derivatives carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Derivatives may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Long
by aymanjemghili
1
EURUSD Forecast – $0.99134 Decision Level for the BullsThe price reversed from that demand zone and formed a strong bullish engulfing candle that took the price back to downtrend channel resistance line which is a small confluence of resistance with supply zone at $0.98300. Higher price level where we can expect the price is around $0.99134 which is the first strong resistance for the price. On a weekly time frame and monthly time frame we have a price in between support and resistance level where a bullish scenario is likely on a short term.
by Frano_Grgic
EURUSD LONGdaily; bearish 4h; bullish imma wait for the price to break above the range zone with a huge momentum not just the break alone imma be waiting for the continuation momentum breaking the resistance zone, the previous structure and above the emas then imma go to the 1h 1h ; i wanna see an engulfing candle and a previous structure to put my SL price above the 14/5 ema and the 200ema as well TP; will be next T/P no greed stay patient and dont let fomo get into you, wait till u see a strong bullish momentum then enter, dont get caught in a fakeout, market may accumilate liquidity take those stops and drop down before it shoots to the upside, son stay patient on ur setup and manage ur acc
Long
by Ily14
2
EURUSD LONGOn the monthly/weekly timeframe price is full bearish but it’s on this major support zone that the price got rejected from it twice so m expecting a bullish move before any bearish continuation. The daily is bearish expecting a pullback to the previous high and also the golden fib number 4h; price is consolidating M looking for the price to break above the sideways zone with a bullish momentum candlestick after having a little structure to assure a safe stop loss Break above the LH structure Break above the resistance zone Break above the emas 1h; looking for an engulfing candle as an entry Placing a safe stop loss on a previous structure close to the 200ema and above the 14/5 Tp; nearest s/r
Long
by Ily14
EURUSD SHORT As we can see price broke below the 1.05000 psychological number breaking the structure and continuing to make bearish swings, currently price is at a monthly resistance we may expect a correction to the broken S/R based on the lack of momentum on the monthly candles but the overall trend is bearish. On the weekly and the daily the market is volatile, it barely makes a new low and the momentum is slowing down this is my second confirmation that the price may pull back soon. On the 4h, the price is ranging, my setup would be to short EU due to the big trend it’s bearish so m only looking for sells but if the price broke above the LH then imma look for my confluences to initiate any trade. For now, I’m waiting for the market to break the range zone and the structure, as well as the S/R with a vast bearish momentum candle confirming the breakup After the close of the 4h candle imma, go to the 1h chart for my entry. RM: Sl: would be above the last swing Tp: is the next monthly S/R zone Manage your risk and think of probabilities.
Short
by Ily14
5
DeGRAM | EURUSD consolidation continuesEURUSD is basically moving in the descending channel on the 4H.  Price action is moving in a consolidation-expansion pattern and it's ranging. If the market creates false breaks at the resistance level , then we can look for a selling opportunity.  We expect bearish moves or consolidation because price action tends to consolidate after big moves. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
Short
by DeGRAM
6